Sunday, April 8, 2012

When banks lose your cheque...

....... keep this as a thumb rule – if you have deposited a local cheque, RBI rules say that credit should be given on the same day or utmost, the next day. For outstation cheques, the maximum timeframe for collection of cheques drawn on State capitals/major cities/other locations is 7/10/14 days respectively. So, if the amount has not reached your account within the mandated days, you can immediately approach your bank to find out what is wrong.............

Read..............

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